Oaktree Capital Group, LLC (NYSE:OAK) (Oaktree Capital Management LLC) plans to acquire Blue Sky Alternative Investments Limited (ASX:BLA). Street Talk understands Oaktree's dealmakers are working on a debt instrument which would be pitched as a way for Blue Sky to prove to its own investors and the wider market that it does not have a liquidity problem. Oaktree's mooted proposal would see the Oaktree offer balance sheet support to both Blue Sky and its underlying investments.
1st Jan change | Capi. | |
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+3.96% | 122B | |
+6.93% | 100B | |
+21.90% | 71.5B | |
+31.45% | 69.7B | |
+24.92% | 48.49B | |
+12.96% | 44.28B | |
+26.44% | 38.4B | |
+12.13% | 26.51B | |
+9.50% | 23.78B |